Regulatory Alerts2023-08-02
Financing Product for Private Dental Healthcare Facilities
The Saudi Central Bank directs all domestic banks and financial institutions to offer specialized financing products for recent Saudi graduates establishing private dental clinics. This circular mandates that product eligibility criteria align with the operational nature of these facilities and highlights the Kafalah Guarantee Program's readiness to provide necessary collateral support. Financial institutions are instructed to coordinate with program specialists via email to facilitate guarantee arrangements for approved financing applications.
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